Byron Wien: What Factors Could Upset Economy?

The veteran Blackstone strategist is watching 8 indicators that could signal the next downturn.

By

Byron Wien

Nov. 27, 2017 11:52 a.m. ET

There is no question that there has been a rise in populism around the world during the last two years and it is continuing. The voters in selected democracies in the West have become dissatisfied with their governments and the political process, and they have become attracted to candidates who have promised them change and a better life. The election of Donald Trump based on his campaign pledge to “Make America Great Again” was a clear example of this. The decision by voters in the United Kingdom to leave the European Union...